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Environmental Liability Insurance: Securing the Optimal Solution for Your Construction Project Print E-mail

Construction Business Owner, October 2008

A subcontractor is excavating, grading and preparing the site for foundation work on a fifteen-story condominium tower in a suburban area.  During the course of this work, the contractor unearths what appear to be metal drums.  Further investigations reveal these drums to contain a multitude of hazardous waste and chemicals of unknown origin, which are later found to have leaked into subsurface soils, causing contamination throughout the project site. 

 

Tags: 2008 October Issue , insurance

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Everything You Wanted to Know About Commercial Auto Insurance Print E-mail

Construction Business Owner, August 2008

Editor's Note: This is the third, and final, article in a three-part series about commercial auto insurance. To read the previous article, click here.

In parts one and two of this three-part series, we learned that, while commercial auto insurance can seem complicated, understanding the companies, coverages and services available to you is the key to making an informed decision for your business.

Now, for the last step in the process, you'll get insider tips on how to cut costs. Believe it or not, you can control some of your insurance expenses.

Tags: 2008 August Issue , costs , insurance

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Self-Insured Health Plans May Be Worth Considering Print E-mail

healthinsurance.jpgFor a growing number of employers, health care costs continue to rise while options for providing coverage continue to dwindle. Nowhere is that truer than in the construction industry, where the cost of health care plans has grown so high that only about half of today's companies provide any type of companywide coverage. At those companies that don't offer some type of coverage, their ability to compete is diminishing. The best workers increasingly are moving to those companies that do offer some type of health care.

Tags: benefits , financial , human resources , insurance , legal

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Crisis Management 101: A Case Study Print E-mail

crisis.letters.jpgMy introduction to crisis management came the old-fashioned way---without any plan or preparation. In the early afternoon of Sunday, January 4, 1987, I received a call from a friend whose hobby was monitoring police and fire radio broadcasts. "Have you heard about the train accident?" he asked.  Thus began my baptism-by-fire entry into the world of crisis management.

Tags: insurance , management , organization , risk , safety

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